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Safepal security vulnerability exposes data of 39,798 customers

The breach has impacted 39,798 customers who placed orders between March 2, 2025 and April 11, 2026.

CoinDesk

Publisher

Aug 16, 2026 at 2:02 PM UTC · 1 dk okuma

Safepal security vulnerability exposes data of 39,798 customers
Image via CoinDesk

Key Signal

39,798 Customers impacted by breach

Last Updated

3 ay önce

The breach has impacted 39,798 customers who placed orders between March 2, 2025 and April 11, 2026.

SafePal stressed that the core security of its wallets remains intact, adding that users’ seed phrases, private keys, bank passwords, bank account information, payment card numbers, and government-issued IDs were not affected.

However, SafePal said users who have shared their private keys or seed phrases via a phishing email, phone call, or letter should treat their wallet as compromised and transfer their assets to a new wallet.

How SafePal is responding

The company said it had patched the vulnerability and introduced additional security measures in response. SafePal notified all affected customers by email from security@safepal.com on Sunday and hired an independent third-party security firm to audit the fix and review its order-processing systems.

SafePal also said it would retain customers’ personal data in its order-processing system for only 90 days from the date of collection. In addition, the company identified and removed more than 30 fraudulent websites and phishing links associated with the breach.

Customers can use a verification tool on SafePal’s website to check whether their data was affected, the company said.

Why this matters

The exposure of nearly 40,000 customers' order data creates a meaningful phishing and social-engineering risk for wallet users, even though SafePal says seed phrases, private keys and payment details were not affected. The incident could prompt affected users to face more targeted impersonation attempts and highlights the security importance of third-party order-processing systems around self-custody products.

#crypto#government-policy

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Originally reported by CoinDesk

NewsLayer coverage based on externally reported material.

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